[Fundamentals]
1, the spot market: Qingdao Free Trade Zone, on the spot market in Thailand, Malaysia adhesive RMB offer much, heard at around 12,400 yuan / ton. Malaysia and Thailand on the 20th standard rubber composites quoted $ 1,740 / ton of quotes heard in Thailand on the 3rd spot reported smoke film about $ 2,080 / ton; Thailand, Malaysia, the 20th standard rubber spot price around $ 1700-1740 / t; Indonesia on the 20th standard rubber spot price at $ 1680-1710 / ton, fell sharply today offer currently offer cargo between U.S. $ 1760-1770 / t, Real Simple talk.
2, according to Beijing April 21 news, the latest data released by China Customs, China in March 2014 of natural rubber (14065, 15.00, 0.11%) imports were 270,571 tons, representing an increase of 15.6%; synthetic rubber imports were 138,495 tons, down 6.2% over last year; February synthetic rubber export volume of 20,041 tons, an increase of 0.2%.
[Market Commentary]
Yesterday, HuJiao opened at 14115, hit a high of 14,210 at the open, then consolidation fell in early trading after the market closed for a slight rebound, but the strong air pressure, the market continues to weaken, midday decline increased lows hit 13,915, to close at 13,925 , days Masukura 14,804 lots to 376,286 hands.
[Operation Strategy]
After the shock interval HuJiao breakthrough technology downtrend formed, while the fundamentals situation, while imports remained low price increased greatly, resulting in lower inventory will remain high, and with the new rubber gradually listed, the market is expected to remain fears increase, in this context, the bears will still be expected to hold the position, there is still the probability of short-term downside and space operations continue to hold over a single, long temporarily avoided.
Translated by Google Translator from http://market.cria.org.cn/25/20358.html
